Small Business Checking
No monthly maintenance fee
Up to 200 items free
Incurs a per item charge of $0.20 assessed after 200 items per statement cycle
Basic Business Checking
No monthly maintenance fee
Safekeeping – checks are not returned
Credit of $0.10 per $100 Average Collected balance for the statement cycle
This earning allowance can offset monthly charges
Transit items:
- (checks not drawn on SNB) – incurs a per item charge of $0.03 assessed for all transit items processed per cycle
$0.05 per item charge:
- items include deposit tickets and checks written on account
Commercial Checking
$5.00 maintenance fee (check images can be returned)
Credit of $0.10 per $100 Average Collected balance for the statement cycle
This earning allowance can offset monthly charges
Transit items:
- (checks not drawn on SNB) – per item charge of $0.03 assessed for all transit items processed per cycle
$0.10 per item charge:
- items include deposit tickets and checks written on account
Business NOW Checking Account
Interest-bearing Account:
- Rate is variable and subject to change daily
- Interest is calculated daily on collected funds
- Transit items:
(checks not drawn on SNB) – per item charge of $0.03 assessed for all transit items processed per cycle - If daily balance drops below $5,000 on any day of cycle, the following charges apply:
$6 service charge
$0.10 per item charge (includes deposits and checks written on account)
Some restrictions apply
Public Funds NOW Checking Account
Interest-bearing:
- Rate is variable and tiered – subject to change daily
- Interest is calculated daily on collected funds
- If daily balance drops below $5,000 on any day of cycle, the following charges apply: $6 service charge + 0.10 per item charge
Daily collected balance requirements
Business Money Maker Checking Account
Free Checks
If daily balance drops below $1,000 on any day of the cycle, a $5 service fee applies
Interest-bearing account:
No monthly service charge with $1,000 minimum daily balance
- Interest is calculated daily on collected funds
- Variable, simple interest rate subject to daily change
- Rate is tiered
Unlimited Transactions:
- Automatic transfers for SNB loan payments
- Transfers & withdrawals by mail, messenger, or ATM
- Withdrawals made in person
Limited Transactions (6 total per month):
- ACH Debits
- Transfers to cover overdrafts on a transaction account made per pre-authorized agreement
- Check Payable to third parties
- Debit Card transactions
- 24 Hour Teller
- Netteller
Business Online Banking
- FREE 24-hour banking at your fingertips
- View transactions in real time
- View transaction history
- Complete transfers between existing accounts
- Add stop payments – $30.00 per stop payment request
- View check images
Business Cash Management / Bill Payment
All the benefits of Online Banking PLUS:
- UNLIMITED online bill payment
- Domestic wire transfers – $20 per wire request
- ACH Payroll processing – $5 per file, plus $.10 per item
